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iTRiniNflL CITY 




COmPflNY, 



(LIMITISD.) 



Boston Office : 31 Milk Street. 



PROSPECTUS 



Terminal City Company 



(LIMITED). 



CHARTERED BY THE PARLIAMENT OF NOVA SGOTIA, 1555. 



CapM Of TERMINAL CITY COIPAH(LIMITEI]), - $5,000,000, 

Divided into 500,000 Shares of $10 each. 



OFFICERS OF THE COMPANY. 

Col. CHARLES H. LEWIS, Pres't. LORENZO K. QUIMBY, Treas. 
HIRAM M. PEARL, Clerk. 

DIRECTORS. 

Col. CHARLKS H. LEWIS. LORENZO K. QUIMBY. 

GEORQE J. QTJINSLER. SAMUEL T. TUCKER. 

ANDREW J. WHIPPLE. -WILLIAM D. LEWIS. 

ISAAC EMERSOK. 



FREDERIC R. PAGE, Chief Engineer. 

SAMUEL K. HAMILTON, Counsellor. 



Digitized by the Internet Archive 
in 2010 with funding from 
The Library of Congress 



http://www.archive.org/details/prospectusOOterm 



PR03PKCTUS. 



The Terminal City Company (limited) was chartered 
by the Parliament of Nova Scotia for the purpose of founding 
and fostering the growth of a hirge commercial, manufactur- 
ins: and tishino; center near the eastern terminus of the Strait 
of Canso — a marvelous body of water of great depth, which 
connects the Gulf of St. Lawrence with the Atlantic Ocean, 
and separates the beautiful Island of Cape Breton from the 
main land of Nova Scotia. 

At the eastern end of this Strait lies the historic Cheda- 
bucto Bay, the anchorage of the British navy while watching 
the movements of France and the United States, which with 
Habitants Bay and the adjoining waters extending to the 
picturesque island, "Isle Madame," form outer and inner 
harbors in either of which the navies of the world can float, 
and a large part of the merchant marine can anchor in perfect 
security. Their great size and depth, their absolute freedom 
from ice and fog, their easy and safe ingress and egress, 
make them without question the best anchorage in the Do- 
minion of Canada, and the equal of any on the eastern shore 
of this continent. 

THE CANADIAN PACIFIC 

System of railways, second to none in North America, has 
its present eastern terminus on the Strait of Canso, within 
five miles of Terminal City, and its adjacent magnificent har- 
bors, so that a connecting railroad of that length, already 
chartered and controlled by this Company, will perfect a 
railroad connection between the Atlantic and Pacific Oceans, 
and complete the 

SHORTEST, QUICKEST, SAFEST and CHEAPEST 

line between any point on the continent of Europe and the 
Dominion of Canada, the Eastern, Middle, and Northwestern 
States. 



TERMINAL CITY, 

from its situation and railroad connections, must in a few 
years become the great importing and exporting center for 
the Dominion of Canada and British Columbia, whose great 
area, extent and variety of agricultural and mining resources, 
and increasing population, are exciting the attention of the 
world. What New York is to the United States, and Liv- 
erpool to England, Terminal City must become to this 
rapidly growing and prosperous empire, and prove a vigor- 
ous competitor for the trade of the Great West. 

THE OCEAN VOYAGE 

From continent to continent, via Terminal City, will be short- 
ened from one to three days, as will be readily seen by a 
glance at the map, and an examination of the following table 
of 

DISTANCES. 

From Terminal City to LiA^crpool .... 2330 ]\Hles 

From Halifax to Liverpool ...... 2480 " 

From Boston to Liverpool ...... 2950 " 

From New York to Liverpool ...... 3130 " 

FROM CHICAGO TO LIVERPOOL, via 

Terminal City . , . 3678 Miles 

Halifax 4167 " 

Boston 3984 " 

New York 4108 " 

THIS POINT 

Is the natural terminus of the Railroad Lines now being 
constructed through the Island of Cape Breton, and the 
Steamship Lines running through the Bras D'Or Lakes, the 
coastwise traffic of the Provinces, and the connecting point 
and resting place for the tourists and summer travellers who 
are seeking Cape Breton and Prince Edward Island in annu- 
ally increasing numbers. 

THE FISHERIES. 

The proximity of Terminal City to the Fishing Banks of 
Newfoundland, the Gulf of St. Lawrence and Bay of 
Chaleur, and its location almost at the door of the great 



mackerel grounds of Chedabucto Bay, make it the most 
central and accessible point at which the fishing industry can 
be carried on successfully upon a large scale. This Company 
being a Nova Scotia corporation, would be entitled to all the 
privileges and immunities of Canadian fishermen, while it 
Avould have all the advantages of Yankee capital and enter- 
prise. 

COAL. 

The coal fields of Cape Breton, open mostly on the north- 
ern and eastern shores, extend to the southeast portion, and 
cover a large area in that part of the island ; while its west- 
ern shore has long been known to be one vast bed of coal, 
hitherto inaccessible for lack of harbor facilities, but now 
soon to be opened to the market by means of a railroad 
direct to Terminal City. 

In past years vast amounts of bituminous coal have been 
produced upon the Island of Cape Breton and used for local 
consumption, sold to the great num1)er of ocean steamers 
which have sought its ports for fuel, shipped to the cities of 
Montreal and Quebec and the various points in the Province 
of Quebec and Ontario, or exported to the United States. 
The demand has increased so rapidly during the last few 
years that the capacity of the present mines has been taxed 
to its utmost, and they have yielded a corresponding profit. 
The demand is constantly increasing for Canadian and ocean 
steamship consumption, and if bituminous coal is placed upon 
the free list by the United States, as proposed l)y pending 
congressional action, a tremendous impulse will be given to 
this industry. 

OTHER MINERAL RESOURCES. 

Nova Scotia and Cape Breton contain vast deposits of 
gold-bearing quartz, copper and iron ores, antimony, man- 
ganese, gypsum and other minerals, all of Avhich have been 
sufficiently developed to demonstrate their enormous value 
if properly worked. Cape Breton is one vast bed of miner- 
als, waiting only the touch of Capital to make it a swarming 
hive of industry. Terminal City is the centralizing point of 
all these industries, and has every natural facility for a 
smelting and refining center. 



AGRICULTURE AND STOCK. 

While not possessing the enormous wheat fields and great 
cattle ranches of the West, Nova Scotia produces an abun- 
dance and at a profit, every variety of cereals and agricul- 
tural roots, and produces in large quantities for home and 
foreign consumption, apples and the hardier fruits. The at- 
tention of its farmers has been turned largely to the raising 
of stock, and they are now able to show extremely fine herds 
of Jersey and Ayrshire blood, while their horses have ac- 
quired a wide reputation for speed and endurance, and Cape 
Breton mutton equals the finest English Southdown. 

SUMMER RESORTS. 

The entire coast of Nova Scotia oflers delightful and pictur- 
esque resting places to the tired city worker, while the Bras 
D'Or Lakes, traversing almost the entire length of Cape 
Breton and cutting it nearly into two islands with their 
twenty-five hundred miles of diversified and thickly-wooded 
shore line, afibrd a variety, richness and beauty of scenery 
which rivals the Lakes of Killarney or the Highlands of Scot- 
land. The salubrity of the climate, the invigorating atmos- 
phere, the streams and lakes teeming with speckled trout and 
salmon, the woods alive with game, make Cape Breton at 
once a delightful and healthful vacation ground. 

PROPERTY AND POLICY OF THE 
COMPANY. 

The promoters of this Company, perceiving the advantages 
of the situation, and realizing the magnificent opportunities 
for founding a great commercial center, and developing the 
manifold industries attending its growth, have with Yankee 
wisdom and foresight utilized their knowledge, and have 
begun the foundations of a city which will be the nearest 
railroad point in America to Europe, and the point through 
which the great bulk of the shipments from China and Japan 
to Europe, and from Europe to those great empires, must 
pass. Realizing that an enterprise of such magnitude can be 
carried on successfully only by a large aggregation of capi- 
tal, and with corporate power and action, the promoters 
applied to the Parliament of Nova Scotia, at its last session, 



for a charter granting such corporate powers as in their judg- 
ment were needful for the proper organization of the work 
in liand. They were met by that Parliament and the Gov- 
ernment and people of that Province in a friendly and 
most liberal spirit, and two charters were granted them, one 
for the general purposes of the enterprise, called "The Ter- 
minal City Company (Limited)," and the other for railroad 
purposes, called "Terminal City Railroad Company (Limit- 
ed)." The charter of the former Company is the most ex- 
tensive and liberal ever granted by the Parliament of that 
Province. 

The Management have with great care, and after careful 
surveys and soundings, selected a tract of land located as 
described above, admirably suited for its purposes, and hav- 
ing a frontage of more than two miles on the harbor, and a 
width of over three miles ; and have purchased and now hold 
in fee-simple and unencumbered, more than twenty-five 
hundred acres of land on the Nova Scotia side of the Strait. 
It has also purchased and now holds fifteen hundred acres of 
land on the Cape Breton side, embracing the coast line of 
Wright's Cove and Sea Coal Bay, both large and safe anchor- 
age grounds. It also controls upwards of eight thousand 
acres more, which it contemplates purchasing as soon as 
titles can be made satisfactory ; it has also purchased the 
coal area at Cariboo Cove, consisting of seven hundred and 
fifty acres of land, on which five veins of bituminous coal 
crop out at the shore, one measuring three feet in thickness, 
two four feet each, one seven feet, and one eleven feet ; these 
veins have been worked by tunnels and drifts, but never 
below water level. The coal produced has proved of a most 
valuable quality for the manufacture of gas and the genera- 
tion of steam, and is a clean, free-burning house coal. Judg- 
ing from the geological formation, and from the established 
fact in the Richmond mines about three miles distant from 
this point these veins culminate at the depth of about two 
hundred feet into one grand bed, lying at an angle easily 
worked. The opening of these veins lies so near to the shore 
that the coal can be carried in a chute directly from the mine 
to the hold of the vessel. There is no reason why, from 
this industry alone, a town may not grow excelling Spring 
Hill, which a short time ago contained only a few miserable 



huts, and now contains a population of over seven thousand 
souls ; the coal mines alone giving employment during the 
last year to more than a thousand persons. 

Development of this part of the enterprise has already 
commenced, with the most assuring prospects. Preliminary 
surveys for a railroad from Mulgrave, the present terminus 
of existing roads, to Terminal City, on the Nova Scotia side, 
and from Wright's Cove, on the Cape Breton side, to con- 
nect with the government road now being constructed across 
the island and with a road from Broad Cove on the western 
shore, have been made, and the work of construction will 
soon be commenced. The Company propose to push the 
development of its coal property to a producing point, lay 
out its land into suitable lots which it will otfer for sale, 
build streets, wharves, dwelling-houses, storehouses, ware- 
houses, and complete and equip its railroad with all possible 
dispatch, and give suitable encouragement and aid to others 
to join in its fortunes. 

Believing in the solidity of the enterprise, the magnificent 
future which awaits it, and the vast profits which must ac- 
crue from an investment in it, the Company invites the 

ATTENTION 

Of capitalists, business and professional men, mechanics, 
farmers and laborers. 

THERE IS ROOM FOR ALL, 

AND ALL ARE WANTED. 

Maps showing the location and situation of the Company's 
property, and its connection with all parts of the world, and 
information relating to the stock which it is now offering to 
the investing public, may be obtained at the Company's 
Office, 

31 MILK STREET, 

Boston, Mass. 



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